Regulatory Capital Requirements (Tables)

12 Months Ended

Dec. 31, 2019

The following is a summary of People's United’s and the Bank's regulatory capital amounts and ratios under the Basel III capital rules. The minimum capital required amounts as of December 31, 2019 and 2018 are based on the capital conservation buffer phase-in provisions (as applicable for each year) of the Basel III capital rules. In connection with the adoption of the Basel III capital rules, both the Company and the Bank elected to opt-out of the requirement to include most components of AOCL in CET 1 capital. At December 31, 2019, both People's United's and the Bank's total risk-weighted assets, as defined, were $45.2 billion, compared to $35.9 billion for both at December 31, 2018.


	As of December 31, 2019						Minimum Capital Required						Classification as Well-Capitalized
(dollars in millions)	Amount		Ratio		Amount		Ratio		Amount		Ratio
Tier 1 Leverage Capital (1):
People’s United	$	4,846.1	9.1	%	$	2,119.7	4.0	%	N/A		N/A
Bank	4,902.0		9.3		2,119.1		4.0		$	2,648.8	5.0	%
CET 1 Risk-Based Capital (2):
People’s United	4,602.1		10.2		3,164.5		7.0		N/A		N/A
Bank	4,902.0		10.9		3,162.2		7.0		2,936.3		6.5
Tier 1 Risk-Based Capital (3):
People’s United	4,846.1		10.7		3,842.6		8.5		2,712.5		6.0
Bank	4,902.0		10.9		3,839.8		8.5		3,614.0		8.0
Total Risk-Based Capital (4):
People’s United	5,435.6		12.0		4,746.8		10.5		4,520.8		10.0
Bank	5,474.2		12.1		4,743.3		10.5		4,517.4		10.0


	As of December 31, 2018						Minimum Capital Required Basel III Phase-In (2018)						Classification as Well-Capitalized
(dollars in millions)	Amount		Ratio		Amount		Ratio		Amount		Ratio
Tier 1 Leverage Capital (1):
People’s United	$	3,927.2	8.7	%	$	1,806.0	4.0	%	N/A		N/A
Bank	4,076.0		9.0		1,805.4		4.0		$	2,256.8	5.0	%
CET 1 Risk-Based Capital (2):
People’s United	3,683.1		10.3		2,289.3		6.375		N/A		N/A
Bank	4,076.0		11.4		2,287.1		6.375		2,331.9		6.5
Tier 1 Risk-Based Capital (3):
People’s United	3,927.2		10.9		2,827.9		7.875		2,154.6		6.0
Bank	4,076.0		11.4		2,825.2		7.875		2,870.0		8.0
Total Risk-Based Capital (4):
People’s United	4,505.7		12.5		3,546.1		9.875		3,591.0		10.0
Bank	4,719.1		13.2		3,542.7		9.875		3,587.5		10.0

(1)Tier 1 Leverage Capital ratio represents CET 1 Capital plus Additional Tier 1 Capital instruments (together,  "Tier 1 Capital") divided by Average Total Assets (less goodwill, other acquisition-related intangibles and other deductions from CET 1 Capital).

(2)CET 1 Risk-Based Capital ratio represents equity capital, as defined, less: (i) after-tax net unrealized gains (losses) on certain securities classified as available-for-sale; (ii) after-tax net unrealized gains (losses) on securities transferred to held-to-maturity; (iii) goodwill and other acquisition-related intangible assets; and (iv) the amount recorded in AOCL relating to pension and other postretirement benefits divided by Total Risk-Weighted Assets.

(3)Tier 1 Risk-Based Capital ratio represents Tier 1 Capital divided by Total Risk-Weighted Assets.

(4)Total Risk-Based Capital ratio represents Tier 1 Capital plus subordinated notes and debentures, up to certain limits, and the allowance for loan losses, up to 1.25% of Total Risk-Weighted Assets, divided by Total Risk-Weighted Assets.